Top 250+ Solved Indian Banking and Financial System MCQ Questions Answer
Q. A Non Banking Financial Institution
a. Can accept demand deposit
b. Can issue cheques to customers
c. Cannot accept fixed deposit
d. Cannot accept demand deposit and cannot issue cheques
Q. Kerala State Financial Enterprises ltd (KSFE) is an example of
a. Banking institution
b. Investment institution
c. NBFI
d. State level development banks
Q. UTI, LIC etc are examples of
a. Banking institution
b. Investment institution
c. NBFI
d. Development banks
Q. SFC is an example of
a. Banking institution
b. Investment institution
c. NBFI
d. Development Institution
Q. ‘Follow on Public Offer’ is also known as
a. Further public offer
b. Seasoned public offer
c. Subsequent public offer
d. All of these
Q. ........... is the oldest insurance
a. Fire insurance
b. Life insurance
c. Marine insurance
d. Social insurance
Q. In ---------------- , insurable interest is enough at the time of loss
a. Fire insurance
b. Life insurance
c. Burglary insurance
d. Marine insurance
Q. In life insurance, instalment policy is also known as
a. Annuity policy
b. Endowment policy
c. Whole life policy
d. Lump sum policy
Q. In insurance, “Causa Proxima” means
a. Utmost good faith
b. Contribution
c. Prevent the causes of loss
d. Closely connected perils
Q. _______ is a financial service which pooling risks of people
a. Mutual fund
b. Venture capital
c. insurance
d. all of these
Q. Except life insurance maximum term of other insurance is_______
a. 12 months
b. 6 months
c. 24 months
d. 36 months